DS Automobiles and Robins & Day continue their DS UK expansion by opening the doors to the largest British showroom to date. The new DS Store Leicester will hold 17 workshop bays, with the possibility of adding a further six bays during peak times. The used car site will eventually house more than 150 models […]
Read More →Marshall Motors has signaled takeovers will recommence as the market consolidates in its latest half-year results. The franchised dealer group’s half-year results were, unsurprisingly, down on last year with an underlying loss before tax of £8.9 million against a profit of £15.2m in the first six months of 2019. However, the group claimed it has […]
Read More →Franchised dealer groups City West Country, Toomey Motor Group and WR Davies report pre-tax profits rise for 2019. Exeter’s City West Country saw profit before tax grow from £5.7m to £6.8m in the year ended 31 December 2019, despite turnover marginally declining. Return on sales rose from 1.9% to 2.3%. The Mercedes-Benz and Smart retailer […]
Read More →Evans Halshaw are to close Citroen, Ford, Hyundai, Peugeot, Seat and Vauxhall sites. The franchised dealership closures are part of Pendragon’s operational review to shutter loss-making sites. These include Citroen Bradford and Stockton, Ford Edinburgh (a used car retailer) and Treforest, Hyundai Newcastle and a joint Hyundai/Seat retailer in Harrogate. Peugeot Blackpool and Stourbridge are to close, […]
Read More →Stoneacre have taken over Hodgson Motor Group. The multi award winning dealership group represented Toyota, Mazda and Suzuki. Their five showrooms are located in Newcastle and Gateshead and offer an impressive range of new, nearly new and approved used cars for personal or business use. The groups turnover last year was £76.8m which was a 15% […]
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